Supply Chain Risk Management Process: Analysis, Assessment & 7 Critical Risk Factors - AIMS UK

Supply chain risk management (SCRM) is a process used by organizations to identify, assess, and respond to risks that could potentially disrupt the supply chain. The goal of SCRM is to ensure that the supply chain can operate smoothly and efficiently, even in the face of potential disruptions. To do this, SCRM involves identifying and assessing risks, developing contingency plans, and implementing controls to mitigate those risks. By effectively managing risks throughout the supply chain, organizations can ensure that their operations are not disrupted in the event of a disruption.

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Institute of Supply Chain Management:
Certified Supply & Logistics Professional (CSLP)
Certified Supply Chain Expert (CSCE)
Master Diploma in Supply Chain Management (MDSCM)
Masters in Supply Chain Management
PhD in Supply Chain Management

0:00 Introduction
0:39 NATIONAL OR LOCAL REGULATIONS
1:06 RAW MATERIAL PRICES AND LABOR CONCERNS
1:40 GENERAL ECONOMIC CONDITIONS
1:56 SECURITY BREACHES
2:18 CURRENCY PROBLEMS
2:39 A LOWER DEMAND OF PRODUCTS
2:58 BUSINESS INTERRUPTION

[王Yvonne-jr]

Your knowledge is invaluable, and I deeply appreciate your willingness to share it.

[vijaykumar-mps]

Managing supply chain disruptions and vulnerabilities is enhanced with risk assessment tools. SmythOS uses AI to improve supply chain risk management, ensuring smoother and more resilient operations.